Investment Environment and Wealth Management

Term Assurance Annuities,

Endowment & Assurance
Presented by:
Aakash Shahu
Divya Gurudeo
Abhijeet Gaur
 INTRODUCTION

 AN ANNUITY IS A SERIES OF PAYMENTS MADE AT EQUAL INTERVALS.

 EXAMPLES OF ANNUITIES ARE REGULAR DEPOSITS TO A SAVING
ACCOUNT, MONTHLY HOME MORTGAGE PAYMENT
MONTHLY INSURANCE PAYMENT AND PENSION PAYMENTS.
 THE PAYMENTS (DEPOSITS) MAY BE MADE WEEKLY, MONTHLY,
QUARTERLY, YEARLY, OR AT ANY OTHER REGULAR INTERVAL OF TIME.
 FEATURES OF ANNUITY

IT IS AN AGREEMENT BETWEEN TWO PARTIES (I.E. INSURER AND

ANNUITANT).
THE ANNUITANT DEPOSITS A LUMPSUM IN ONE OR MORE
INSTALLMENT.
THE PAYMENT IS MADE TO THE ANNUITANT AS PER AGREEMENT MAY
BE MONTHLY, QUARTERLY, HALF YEARLY OR YEARLY.
ANNUITY IS CALCULATED BASED ON LONGEVITY OF THE ANNUITANT.
 TYPES OF ANNUITY

• IMMEDIEATE ANNUITY
• DEFERRED ANNUITY
• GUARANTEED ANNUITY
• PAYOUT AT LATER TIME
• PAYOUT AT ONE TIME PERIOD
 ENDOWMENT

ENDOWMENT IS TYPE OF PERMANENT LIFE INSURANCE IN

WHICH THE PREMIUM PAYING PERIOD IS SHORTER THAN WHOLE
LIFE INSURANCE AND THE INSURANCE AMOUNT IS PAID OUT
WITHIN A CERTAIN PERIOD (10-20 YRS) OR WHEN THE INSURED
REACHES A CERTAIN AGE.
DEATH BENEFITS PAID AT THE TIME OF DEATH OR A LUMP SUM
PAID ON MATURITY.
LIMITED PERIOD TO PAY PREMIUM, WHICH BUILDS CASH VALUE
FASTER. ALSO, IT IS POSSIBLE GET A LUMP SUM OF CASH IN
 FEATURE OF ENDOWMENT

WITH PROFIT OR WITHOUT PROFIT PLANS ARE AVAILABLE UNDER THIS

POLICY.
THIS PLAN IS A SIMPLE ENDOWMENT PLAN WITH GUARANTEED RETURNS.
THIS POLICY IS SUITABLE FOR THE PEOPLE OF ALL AGES AND SOCIAL
GROUPS.
PREMIUMS CAN BE LIMITED TO SHORTER-TERM OR CAN BE PAID AS
SINGLE PREMIUM UNDER THIS POLICY.
 ENDOWMENT ASSURANCE PRODUCT

•NEW JEEVAN ANAND

THE ENTRY AGE OF POLICY FROM 18 YEARS TO 50 YEARS.
THE TENURES AVAILABLE FROM 15 YEARS TO 35 YEARS.
ACCIDENTAL DEATH AND DISABILITY RIDER.
•JEEVAN RAKSHAK
THIS POLICY COUPLED WITH AN ACCIDENTAL DEATH AND DISABILITY AND TERM
ASSURANCE RIDERS.
IF PREMIUMS ARE PAID IN THE ANNUAL MODE THEN THE POLICY PROVIDES A
DISCOUNT OF 2% .
 ENDOWMENT PLAN
  Minimum Maximum

Sum Assured (in Rs.) 50,000 No Limit

Policy Term (in years) 5 55

Premium Payment
5 55
Term (in years)

Entry Age of
12 65
Policyholder

Age at Maturity - 75
Single Premium (in
NA NA
Rs.)
Yearly, Half-yearly, Quarterly, Monthly
Payment modes
and SSS